Drug Safety

Drug Safety heavily focuses on adverse drug reactions which are defined as any response to a drug which is noxious and unintended, including lack of efficacy. Medication errors such as overdose, and misuse and abuse of a drug as well as drug exposure during pregnancy and breastfeeding, are also of interest, even without an adverse event, because they may result in an adverse drug reaction. Information received from patients and healthcare providers via pharmacovigilance agreements (PVAs), as well as other sources such as the medical literature, plays a critical role in providing the data necessary for pharmacovigilance to take place. Ultimately, drug safety is concerned with identifying the hazards associated with pharmaceutical products and with minimizing the risk of any harm that may come to patients. Companies must conduct a comprehensive drug safety and pharmacovigilance audit to assess their compliance with worldwide laws, regulations, and guidance.

Market Analysis:

The global pharmacovigilance and drug safety software market is poised to grow at a CAGR of 6.5% during 2014-2019, and is expected to reach a value of $154.1 Million in 2019. As of 2014, North America holds the largest share of the global pharmacovigilance and drug safety software market, followed by Europe. However, Asian and Latin American countries represent high growth markets, owing to a rise in research outsourcing by pharmaceutical giants and growing public and private investments in pharmaceutical R&D in these emerging nations

Related Industrys: LEO Pharma In, BioClinica, Johnson & Johnson, Alexion Pharmaceuticals, Pfizer, Celgene Corporation.

Association and societies: Drug Information Association, Drug-Safe AustraliaPharmacoepidemiology and Drug SafetyInternational Society of PharmacovigilanceDrug Information AssociationDrug Safety Association.

 

  • Drug Safety Updates
  • Drug Safety Solutions
  • Drug Safety Training
  • Drug Safety Surveilance
  • Drug Safety Services & Softwares
  • Drug Safety Reporting & Monitoring

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